Brainchip has a $AU50 million facility with LDA Capital if they decide to call on it beyond the current $AU12 million call leaves $AU38 million which added to the $US13 million you referred to and based on the current cash burn would give about 3 years of runway in the absence of any revenue or tax rebates.
I note this is only your second BRN post in quick succession so plenty of scope for you to do some research and improve your understanding of the company.
My opinion only DYOR
Fact Finder
Ann: Appendix 4C and Quarterly Activities Report, page-110
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Last
26.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $522.7M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 27.0¢ | 26.0¢ | $2.161M | 8.144M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 431626 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 399533 | 13 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| BRN (ASX) Chart |